Global mergers and acquisitions (M&A) have seen their strongest developments in four decades in the first quarter of this year as special purpose acquisition companies (SPACs) keep doing well, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article...
Online education provider Coursera was scheduled to go public on Wednesday (March 31) on the New York Stock Exchange. The company saw its revenues skyrocket during the pandemic, from $184 million in 2019 to $294 million last year. Get the Full Story Complete the form...
Even after pricing its shares on the lowest end of the range, Deliveroo couldn’t spark investor appetite for its much-anticipated trading debut on the London Stock Exchange (LSE), the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy...
In the headiness of the special-purpose acquisition company (SPAC) boom, FinTechs are playing aggressively. And while it’s easy to focus on the sheer volume of listings and announcements of new SPAC formations and mergers, it’s easy to overlook just what investors may be paying for...
Food delivery startup Deliveroo decided to price its initial public offering (IPO) at the bottom of the range, which gives the U.K. company a £7.6 billion ($10.5 billion) valuation, the Wall Street Journal (WSJ) reported on Tuesday (March 30). Get the Full Story Complete the...
The pandemic has fueled a surge in online sales of vehicles. Cazoo Holdings, a U.K. online seller of used cars, has ridden that digital shift — and is now heading toward going public in a deal reportedly worth $7 billion to $8 billion. Get the Full...
Among the hallmarks of the special purpose acquisition (SPAC) go-to-market strategy is that small, quickly growing firms — the ones that are in need of capital but not the tradeoff of giving up too much autonomy — can come to market. Get the Full Story...
Shared office space firm WeWork is in merger talks with the special purpose acquisition company (SPAC) BowX Acquisition Corp. in a move to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Robinhood is developing a system that would let those who harness its trading app buy stocks at the same time as Wall Street funds to “democratize” initial public offerings (IPOs), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...
